Assessment 2: (Algo) The following information is drawn from... LO 14-5 The following information is drawn from Royal Industries'cash budget Cash Receipts Beginning Cash Balance Cash Paynents Desired Ending Cath Cushion $40,100 $11, eee $48,380 $ 6,000 w there is a cash shortage, the company bonows money. If a surplus occurs fundas are used to repay loans or to invest in short-term assets. The company had no debt belote January 1st. The amounted needed to bottow or the amount witable for repayment of debt in January would be Multiple Choice $2,800 available ces $3,200 needed $8.800 available $14,200 needed